Do I Need to Buy Insurance for a Used Car That Already Has Insurance?
1 Answers
If the original car insurance has not expired, you can transfer the insurance and do not need to purchase a new policy. Insurance Transfer Process: Bring the original car insurance policy, used car transfer invoice, new vehicle license, registration certificate, and original and photocopies of the ID cards of both the original and new owners. Submit these documents to the insurance company for the used car insurance transfer. The insurance company will review the documents and issue an endorsement accordingly to complete the insurance transfer. Precautions for Buying a Used Car: When purchasing a used car, first walk around the car to check if all four tires are properly inflated; observe if the tire brands are consistent; inspect the front wheels; check the wheel bearings of the used car; after the used car transaction is completed, request the buyer to promptly deliver the relevant documents.